American Axle & Manufacturing (AXL) Surpasses Q2 Earnings and Revenue Estimates

American Axle & Manufacturing (AXL) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +61.54%. A quarter ago, it was expected that this maker of auto parts would post earnings of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of +350%.Over the last fo ...